Latest period
$43.1B
YoY change
+12.8%
5Y CAGR
+3.1%
Peak year (FY2025)
$43.3B
Latest annual
$43.3B
Total Debt history chart for Caterpillar (CAT) from 2016 to 2025
Latest: $43.3B
Total Debt growth chart for Caterpillar (CAT) from 2016 to 2025
Latest: +12.8%
Total Debt history table for Caterpillar (CAT) from 1985 to 2025
| FY2025 | $43.3B | +12.8% | +$4.92B | ||
| FY2024 | $38.4B | +1.4% | +$531M | ||
| FY2023 | $37.9B | +2.4% | +$885M | ||
| FY2022 | $37B | -2.1% | -$796M | ||
| FY2021 | $37.8B | +1.7% | +$626M | ||
| FY2020 | $37.2B | -1.3% | -$494M | ||
| FY2019 | $37.7B | +3.0% | +$1.1B | ||
| FY2018 | $36.6B | +4.8% | +$1.68B | ||
| FY2017 | $34.9B | -5.2% | -$1.91B | ||
| FY2016 | $36.8B | -3.2% | -$1.23B | ||
| FY2015 | $38B | -3.2% | -$1.27B | ||
| FY2014 | $39.3B | +4.1% | +$1.54B | ||
| FY2013 | $37.8B | -6.0% | -$2.39B | ||
| FY2012 | $40.1B | +16.0% | +$5.55B | ||
| FY2011 | $34.6B | +21.7% | +$6.17B | ||
| FY2010 | $28.4B | -10.2% | -$3.21B | ||
| FY2009 | $31.6B | -11.0% | -$3.9B | ||
| FY2008 | $35.5B | +25.0% | +$7.11B | ||
| FY2007 | $28.4B | +4.2% | +$1.13B | ||
| FY2006 | $27.3B | +6.0% | +$1.55B | ||
| FY2005 | $25.7B | +9.4% | +$2.22B | ||
| FY2004 | $23.5B | +16.0% | +$3.24B | ||
| FY2003 | $20.3B | +13.6% | +$2.42B | ||
| FY2002 | $17.9B | +7.6% | +$1.26B | ||
| FY2001 | $16.6B | +10.2% | +$1.54B | ||
| FY2000 | $15.1B | +9.2% | +$1.27B | ||
| FY1999 | $13.8B | +10.8% | +$1.35B | ||
| FY1998 | $12.5B | +45.3% | +$3.88B | ||
| FY1997 | $8.57B | +14.9% | +$1.11B | ||
| FY1996 | $7.46B | +16.5% | +$1.06B | ||
| FY1995 | $6.4B | +8.4% | +$497M | ||
| FY1994 | $5.9B | +8.8% | +$475M | ||
| FY1993 | $5.43B | -4.3% | -$244M | ||
| FY1992 | $5.67B | +8.1% | +$425M | ||
| FY1991 | $5.25B | +11.1% | +$526M | ||
| FY1990 | $4.72B | +18.2% | +$727M | ||
| FY1989 | $3.99B | +22.5% | +$734M | ||
| FY1988 | $3.26B | +119.7% | +$1.78B | ||
| FY1987 | $1.48B | -6.2% | -$98M | ||
| FY1986 | $1.58B | +12.7% | +$178M | ||
| FY1985 | $1.4B | — | — |
- FY2025$43.3B+12.8%
- FY2024$38.4B+1.4%
- FY2023$37.9B+2.4%
- FY2022$37B-2.1%
- FY2021$37.8B+1.7%
- FY2020$37.2B-1.3%
- FY2019$37.7B+3.0%
- FY2018$36.6B+4.8%
- FY2017$34.9B-5.2%
- FY2016$36.8B-3.2%
- FY2015$38B-3.2%
- FY2014$39.3B+4.1%
- FY2013$37.8B-6.0%
- FY2012$40.1B+16.0%
- FY2011$34.6B+21.7%
- FY2010$28.4B-10.2%
- FY2009$31.6B-11.0%
- FY2008$35.5B+25.0%
- FY2007$28.4B+4.2%
- FY2006$27.3B+6.0%
- FY2005$25.7B+9.4%
- FY2004$23.5B+16.0%
- FY2003$20.3B+13.6%
- FY2002$17.9B+7.6%
- FY2001$16.6B+10.2%
- FY2000$15.1B+9.2%
- FY1999$13.8B+10.8%
- FY1998$12.5B+45.3%
- FY1997$8.57B+14.9%
- FY1996$7.46B+16.5%
- FY1995$6.4B+8.4%
- FY1994$5.9B+8.8%
- FY1993$5.43B-4.3%
- FY1992$5.67B+8.1%
- FY1991$5.25B+11.1%
- FY1990$4.72B+18.2%
- FY1989$3.99B+22.5%
- FY1988$3.26B+119.7%
- FY1987$1.48B-6.2%
- FY1986$1.58B+12.7%
- FY1985$1.4B—
Total Debt values are taken from Caterpillar's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Total Debt at Caterpillar (CAT)
According to Caterpillar's latest reported financial statements, the company's latest reported total debt is $43.1B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Caterpillar (CAT) most recent annual total debt stands at $43.3B (2025) – grew 12.8% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Caterpillar total debt compounded at +3.1% per year, with mixed annual results across the window.
$43.3B stands as the all-time-high annual total debt, posted in 2025, against a low of $1.4B during 1985.
Caterpillar Total Debt by Year
Caterpillar Total Debt 2025: $43.3B
Caterpillar posted total debt of $43.3B in 2025, grew 12.8% from 2024. This figure represents the highest annual value in the available history.
Caterpillar Total Debt 2024: $38.4B
In 2024, Caterpillar reported total debt of $38.4B, edged up 1.4% from 2023.
Caterpillar Total Debt 2023: $37.9B
Caterpillar total debt in 2023 was $37.9B, edged up 2.4% from 2022.
Caterpillar Total Debt 2022: $37B
2022's total debt for Caterpillar came in at $37B, edged down 2.1% below 2021.
Caterpillar Total Debt 2021: $37.8B
Caterpillar total debt in 2021 was $37.8B.
See more financial history for Caterpillar (CAT).
Sector peers by Total Debt
Industrials peers of Caterpillar (CAT), ranked by their latest total debt
| $63.9B | |
| $54.4B | |
| $39.5B | |
| $31.8B | |
| $22.9B | |
| $21.7B | |
| $20.5B | |
| $11.2B |
- $63.9B
- $54.4B
- $39.5B
- $31.8B
- $22.9B
- $21.7B
- $20.5B
- $11.2B
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